Sunday 16 July 2023

Bloc by bloc

This weekend, the UK joined the Pacific centric trading Bloc, CPTPP.

By the Government's own figures, this MIGHT increase the UK's GDP by up to 0.08% over 15 years.

This does in now way make up for the 4.00% drop in GDP a result of Brexit. Agan, using the Government's own figures.

It would take 100s of such deals to fully compencate for the damage done by Brexit

And yet, the Sunday Express trumpeted today that the deal will bring £12 trillion benfits to the UK. But, and this is the kicker, the figure takes the total value of the GDP of the 11 other members and then pretends that all of this GDP will transfer to the UK.

Which is, of course, a lie.

More lies. From which powered Brexit itself, of course.

But pointing this out to the Trade Minister, Kemi Badenoch, is apparently taking Britain down, and the Express accused the BBC of more anti-Brexit bias. They'll be complaining about reality next.

However, it seems that the EU themselves is in the process of doing a trade deal with the CPTPP.

Of course the contradiction here is that one trade bloc, the EU is bad, but CTIPP, is good.

The EU this week negotiated its own deal with New Zealand, but unlike the UK, didn't sell out their farmers.

Tat'll teach us.

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